Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. This week, I\u2019ll be reviewing a whitepaper entitled \u201cCompetitive Alternatives: KPMG\u2019s Guide to International Business Location, 2010 Edition\u201d from KPMG.<\/p>\n
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I originally thought that this whitepaper may be helpful in locating different countries from which to source. While there are indeed many statistics in the whitepaper that are quite applicable to sourcing opportunities, I think that it is only fair to point out that the whitepaper is primarily intended to help businesses identify in which countries it might be desirable to open a new facility.<\/p>\n
The whitepaper compares 26 cost components of doing business in 10 countries and ranks these countries in order of overall cost competitiveness, with the US being a baseline against which others are compared. So, which country was the most cost competitive?<\/p>\n
Mexico was. The whitepaper said that \u201cMexico\u2019s major cities have a business cost advantage of 18.2 percent, on average, relative to the US baseline.\u201d<\/p>\n
Who were the highest cost countries? There were only two that were higher cost than the US: Germany, with a 2.6% cost disadvantage, and Japan, with a 7.6% cost disadvantage.<\/p>\n
The disappointment in this whitepaper was that it was limited to 10 countries. Unfortunately, key sourcing hotspots like China, India, and the Philippines were not included, neither were emerging sourcing markets like Vietnam, Pakistan, and Eastern Europe.<\/p>\n
So, if you\u2019re looking for a how-to guide for determining the best countries in the world to source goods and services, this whitepaper isn\u2019t it. You\u2019d be more likely to get the information and skills you need by taking the online class \u201cExecuting A Global Sourcing Strategy.\u201d<\/p>\n
That being said, I think that this whitepaper is a decent reading for any procurement professional who is responsible for international procurement and interested in staying abreast of global macroeconomic trends. You can download your own copy of this whitepaper from KPMG\u2019s Competitive Alternatives website.<\/p>\n","protected":false},"excerpt":{"rendered":"
Welcome back to another installment of Whitepaper Wednesday here on […]<\/p>\n","protected":false},"author":12,"featured_media":4012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"yoast_head":"\n